Quiz No.

2 Marks: 10

Subject: Operation Management

Student Name: ________SAAD KALEEM____________

Class Roll Number_____72___________

Answer the following questions/ statements.

i) Define process transformation

To meet new business goals, business process transformation entails significantly altering
the elements of your processes. These new objectives are usually based around a new
digital transition implementation.

ii) Mention any two important role of operation manager

1) The next critical role of a production manager is to ensure that finished goods are
manufactured in accordance with the plans.
2) Inspection or quality checking is conducted after production process is finished.

iii) What is Delphi method?

The Delphi method is a comprehensive and qualitative method of forecasting

that implies several rounds of questions to generate feedback from a group of
experts. The Delphi method employs subject-matter experts to model the
outcomes of possible questions, estimate the likelihood of an event, or find an
agreement on an issue.

iv) What is Reverse Engineering?

Reverse engineering is a technique for extracting design knowledge from electronics,
computers, vehicles, architectural systems, and other products. Reverse engineering also
means modifying individual components of larger items.

iv) What is Facility Layout?

Facilities layout is essentially the arrangement of a facility in order to

optimise operations that are both productive and successful in achieving the
ultimate operational objective.

v) What is Automation?

automation combines business process management and business rules

management with new technology growth. Businesses used to assume that
automating operations are enough to maximise production and control costs
in the enterprise.

vi) What do you mean by specialization?

Specialization is a manufacturing process in which an organisation

concentrates on producing a narrow range of products in order to increase
productivity. Many counties, for example, specialise in manufacturing
products and services specific to their region of the world, which they then
exchange for other goods and services.

vii) Define Scheduling.

The classification of tasks, deliverables, and goals within a project is referred

to as scheduling in project management. A scheduling normally involves a
 scheduled start and finish date, as well as the length of each operation and
the services allocated to it. Effective scheduling is a key component of time
management performance.

viii) What is concept of inventory in services business?

nventory refers to any of a company's products, goods, merchandise, and

resources that it has on hand to sell in the market for a profit. Just the
newspaper would be deemed inventory if a newspaper retailer uses a truck to
distribute newspapers to consumers.

ix) In manufacturing business inventory consist of what?

raw material, work in progress, finished goods, and resale goods